Cash Converters International FY26 Annual Report
Key points
- Revenue increased by 11.4% to $429.2 million
- Net loss rates decreased to 11.1%
- Payday lending exited, now 2.4% of total loan book
- Cashies Loan product grew to $114.1 million
- 42 franchise stores acquired in Australia and UK
Full summary
Cash Converters International's FY26 Annual Report highlights a revenue increase of 11.4% to $429.2 million, driven by strong top-line growth. The company successfully exited payday lending, reducing its exposure to such loans to 2.4% of the total loan book. The new Cashies Loan product grew significantly to $114.1 million. The company acquired 42 franchise stores in Australia and the UK, expanding its store network. Operational results showed a decrease in net loss rates to 11.1%, and the company maintained a strong balance sheet with a securitisation facility limit of $173.3 million.
Guidance
FY26 revenue $429.2 million, net loss rates 11.1%, Cashies Loan $114.1 million
Outlook
Cash Converters plans to continue growing its new personal finance product loan books and acquiring franchise stores, with a focus on disciplined execution.
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